European Commission Vice-President Valdis Dombrovskis stated in Riga that if Bulgaria handles its commitments without problem, then it will be given the green light for entering the European Exchange Rate Mechanism ERM II as early as the summer of this year.
He added that it will be at least another three years after that before the country can adopt the euro. The first two – for meeting the Maastricht criteria, and the third – for assessment of the results attained and for preparatory work. This means Bulgaria will be able to enter the Eurozone no earlier than 2022.
Overnight, cloudiness will increase in the western parts of Bulgaria, while in the rest of the country it will remain mostly clear. On Tuesday, more significant cloud cover is expected over Western and Central Bulgaria. In the afternoon, cloud cover..
Bulgaria’s candidate for judge at the Court of Justice of the European Union , Associate Professor Alexander Kornezov, has been approved , lex.bg reports. In line with the Treaty of Lisbon, a panel of seven jurists recognised for their expertise..
From 1 January 2026, Bulgaria will join the Eurozone , and the lev and stotinki will become a thing of the past. While the new currency will have a different appearance, it will preserve familiar symbols and images. The designs of the Bulgarian euro..
Bulgarian students won four medals at the International Chemistry Olympiad (IChO). They earned one gold, one silver and two bronze medals at the..
Two helicopters from the Bulgarian Air Force are participating today in the firefighting operations in the Rila Monastery area . A Mi-17 helicopter with a..
Within seven days, the government will propose amendments to the Law on the Introduction of the Euro, setting out additional measures to tackle..
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